October 23…. Riyad Bank GA voted to elect members of BOD

The Board of Directors of Riyad Bank (the “Bank”) invited its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled to be held at 06:30 PM on Sunday, 23/10/2022 through personal attendance, and virtual.
Shareholders registered in the bank’s shareholders registry in the depository centre at the end of the trading session preceding the ordinary general assembly’s meeting as per laws and regulations.
As per Article (31) of the Bank’s By-Law, the Quorum for holding the Ordinary General Assembly meeting will be a quarter of the share capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within one hour of the scheduled time for the first meeting, and this meeting will be valid regardless of the number of shares represented therein.
1. Vote to elect members of the Board of Directors for the new term of three years starting from 31.10.2022 until 30.10.2025(Attached Candidates CVs).
2. Vote on the formation of the Audit Committee for the new term of three years starting from 31.10.2022 until 30.10.2025, and on its duties and internal regulations as well as on the remuneration of its members (Attached Candidates CVs).
The candidates are as follows:
1. Jamal Abdulkarim Al- Rammah (Chairman of the Committee)
2. Mona Mohammed Al Tawil (Member of the Committee)
3. Tareq Abdullah Al-Qaraawy (Member of the Committee)
4. Eid Faleh Al Shamri (Member of the Committee)
5. Wadhaah Ibrahim Mubarak (Member of the Committee)
3.Vote on delegating the Board of Directors for the new period that begins on 31/10/2022 with the authority of the Ordinary General Assembly as per the authorization contained in paragraph (1) of Article (71) of the Companies Law, for a period of one year from the date of the approval by of the Ordinary General Assembly or until the end of the delegated Board of directors term, whichever is earlier, in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies.
Electronic voting starts on Wednesday, 19/10/2022 and ends at the end of the time of the Ordinary General Assembly Meeting ended.
Eligibility for Registering the Attendance of the Ordinary General Assembly’s Meeting ends upon convening the Ordinary General Assembly’s Meeting. As well as the eligibility for Voting on the Ordinary General Assembly Meeting Agenda items for the shareholders who attended ends upon the Counting Committee Concluding the voting count.
The shareholder may delegate another person on their behalf who is not a member of the Board of Directors or the bank’s employees or anyone who is permanently assigned to a technical or administrative work to the bank to attend the Meeting and vote on the agenda items in accordance with the power of attorney, provided that such power of attorney shall be authenticated by the Chambers of Commerce, a licensed bank, authorized persons, or notaries, or the authorized persons to practice documentation work.